Tuesday, January 21, 2014

International Trade News

http://www.tradelawnews.com/ supranational Trade Law News October 03, 2012 U.S. Indicts U.S. and Russian Companies and Individuals mingled in Russian Military Procurement Network As a result of an investigation involving an alleged Russian forces procurement network, the U.S. Department of Justice announced (http://www.bis.doc.gov/news/2012/doj10032012.htm) directly that it had uncertain an indictment against two companies and 11 individuals locate in the U.S. and Russia and execute a number of search warrants at sundry(a) residences, businesses and banks in the U.S. In a coordinated action, the Commerce Departments spot of fabrication and Security (BIS) as well issued a final come up amending the merchandiseing Administration Regulations (EAR) to add 164 foreign persons and companies to the Entity List who allegedly received, transshipped or facilitated the exports of the items to Russia. The Indictment According to the indictment, th e defendants were allegedly involved in: a stealthy and systematic conspiracy to obtain advanced, technologically head microelectronics from manufacturers and suppliers located within the United States and to export those high-tech goods to Russia, turn guardedly evading the government licensing system set up to visit such exports.
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The microelectronics shipped to Russia included analog-to-digital converters, static random access retentivity chips, microcontrollers, and microprocessors that were report to the jurisdiction of the Export Administration Regulations (EAR) or International trading in A rms Regulations (ITAR). The Justice Dep! artment also declared that the defendants: allegedly exported many of these high-tech goods, frequently by dint of intermediator procurement firms, to Russian end users, including Russian legions and news agencies. To induce manufacturers and suppliers to sell them these high-tech goods, and to evade relevant export controls, the defendants often...If you want to get a full essay, coif it on our website: OrderCustomPaper.com

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